DA Davidson raised the firm’s price target on Electronic Arts (EA) to $150 from $140 and keeps a Neutral rating on the shares. The company reported solid Q4 results that came in well ahead of consensus expectations on Net Bookings and delivered solid FY26 Net Bookings guidance that was about 3% ahead of consensus at the midpoint, the analyst tells investors in a research note. EA’s FY26 growth is expected to be driven by the EA SPORTS portfolio, The Sims, and the launches of Battlefield and skate, partially offset by about five points of weakness in catalog and Apex Legends, the firm adds.
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